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Direction
Direction contract clause examples

Direction. To the extent not otherwise addressed in this Agreement, the Tax Matters Partner shall act at the direction of the Management Committee pursuant to Section 7.2(c) of the Agreement (as may be modified by Section 2.2 of this Exhibit C) with respect to any actions that it is permitted to take when acting in its capacity as the Tax Matters Partner, including without limitation (1) electing out of Subchapter C of Subtitle A, Chapter 63 under Section 6221(b) of the Code as amended by the Revised Partnership Audit Procedures, and (2) making the election under Section 6226 of the Code as amended by the Revised Partnership Audit Procedures to have the Members take tax adjustments into account on their own tax returns.

Direction. Neither Party will be subject to the supervisory direction of the other Party in regard to the conduct of the Product Trials.

Direction. The Lenders party hereto, which constitute all lenders party to the Credit Agreement on the date hereof, hereby direct the Administrative Agent to execute and deliver this Amendment.

Direction. Each of the undersigned Lenders, constituting Required Lenders under the Credit Agreement, and the Origination Agent hereby authorizes the Administrative Agent to execute and deliver this Amendment and the other documents entered into in connection herewith on its behalf.

Direction. Wells Fargo Bank, N.A., in its capacities as Account Bank and Backup Servicer hereunder, is hereby authorized and directed by the Borrower and the Administrative Agent (on behalf of the Secured Parties) to execute and deliver this First Amendment ([Section 14.01(d)] of the Credit Agreement).

Direction. Neither Party will be subject to the supervisory direction of the other Party in regard to the conduct of the Trial.

Direction. Whenever there are voluntary rights that may be exercised or alternate courses of action that may be taken by reason of the Trust Fund’s ownership of Securities, the Company or its designee shall be responsible for making any decisions relating thereto and for directing the Trustee to act. In order for the Trustee to act, it must receive Authorized Instructions using the Trustee generated form or clearly marked as instructions, addressed as the Trustee may from time to time request, by such time as the Trustee shall advise the Company or its designee. If the Trustee does not receive Authorized Instructions by such deadline, the Trustee shall not be liable for failure to take any action relating to or to exercise any rights conferred by such Securities.

Direction. Each of the Lenders party hereto (which collectively constitute the Required Lenders) hereby (i) authorizes and directs the Agent to execute and deliver this Sixth Amendment, and (ii) acknowledges and agrees that (x) the foregoing directed action constitutes a direction from the Required Lenders under Section 17 of the Term Loan Agreement, (y) Sections 11.3, 17.3, 17.5, and 19.9 of the Term Loan Agreement and all other rights, protections, privileges, immunities, exculpations, and indemnities afforded to the Agent under the Loan Documents shall apply to any and all actions taken or not taken by the Agent in accordance with such direction, and (z) the Agent may conclusively rely upon (and shall be fully protected in relying upon) the Register in determining such Lender’s ownership of the Advances and unused Commitments on and as of the date hereof. Each undersigned Lender hereby severally represents and warrants to the Agent that, on and as of the date hereof, it is duly authorized to enter into this Sixth Amendment.

Direction. The Lenders party hereto, which constitute all lenders party to the Credit Agreement on the date hereof, hereby direct the Administrative Agent to execute and deliver this Amendment.

Lender Direction. Each Consenting Lender hereby directs and authorizes the Administrative Agent to enter into this Amendment.

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